Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Gate−0.052%7-day average +0.074% · you buy dearer than you sell

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$360.357% of the position

Long on Gate Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.040%+$4 on $10k

Price spread, last 7 days+0.137%+$14 · spread now −0.052%, 7d avg +0.074%

Together, before fees+0.177%+$18 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.126% cheaper against Gate than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.074%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate WLFI_USDT	0.05734	0.0100	pay 0.0050% / 4h	1h 13m	$3.4M	$3.0M	75x
Short	MEXC WLFI_USDT	0.05731	0.0100	get 0.0050% / 4h	1h 13m	$13.7M	$21.8M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee MEXCbpOrdersPrice spread, now −0.052%Rate

Funding earned: $0
Price spread: −0.052% → +0.074%: −$12.6
Slippage, 4 orders: −$20.7
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 0 bp × 2 orders: $0
Net: −$48.3
Costs to cover: 0.357%
Break-even: never at this rate

Slippage from Gate: live order book, 5 min ago; MEXC: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 5 min ago	2.62 bp	17.6 bp −$18	36.6 bp −$366	65.1 bp −$6,511	doesn't fit
Sell MEXC live order book, 5 min ago	0.87 bp	0.9 bp −$1	6.1 bp −$61	53.6 bp −$5,358	108.3 bp −$54.2K

WLFI on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International WLFI-PERP-INTX	−0.0200%	1h	0.05737	+0.052%	$32K	$15K	50x	as long as short
Kraken Futures PF_WLFIUSD	−0.0154%	1h	0.05737	+0.045%	$99K	$87K	20x	as long as short
Lighter WLFI	−0.0040%	1h	0.05730	−0.070%	$1.0M	$433K	5x	as long as short
Aster WLFIUSDT	0.0000%	4h	0.05733	−0.017%	$1.6M	$577K	20x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05734	−0.003%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+5.434%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05735	+0.017%	$521	$11K	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05732	−0.027%	$313	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.314%	$6K	$77K	5.5x	as long as short
Paradex WLFI-USD-PERP	+0.0081%	8h	0.05733	−0.013%	$2K	$118	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado WLFI-PERP	+0.0100%	1h	0.05734	+0.005%	$81K	$25K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05731	−0.044%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05733	−0.014%	$246K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05742	+0.140%	$138.1M	$40.6M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05733	−0.017%	$20.8M	$18.4M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05736	+0.035%	$7.6M	$12.8M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05740	+0.103%	$1K	$753	5x	as long as short
Gate WLFI_USDTlong	+0.0100%	4h	0.05734	long leg	$3.4M	$3.0M	75x
MEXC WLFI_USDTshort	+0.0100%	4h	0.05731	−0.052%	$13.7M	$21.8M	100x
KuCoin WLFIUSDTM	+0.0100%	4h	0.05737	+0.052%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05729	−0.087%	$7.9M	$3.3M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05730	−0.070%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05734	0.000%	$238K	$27K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05728	−0.098%	$447K	$41K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05730	−0.066%	$275K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05740	+0.105%	$33K	$39K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05740	+0.105%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05735	+0.017%	$114	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05733	−0.026%	$133K	$485K	10x	as long as short
01 Exchange WLFIUSD	+0.0120%	1h	0.05739	+0.087%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05733	−0.017%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05736	+0.035%	$4.8M	$82K	75x	as long as short